Energy

Iraqi oil exports stagnate at two-decade lows as wartime restrictions persist

April oil sales fell to one-twelfth of pre-war volumes as Basra exports restarted and stalled, and northern exports hit a plateau.

A worker checks the valve gears of pipes linked to oil tanks at Turkey's Mediterranean port of Ceyhan, which is run by state-owned pipeline company Botas. (UMIT BEKTAS/Reuters)

Jan 30, 2014

Kurdish exports stop, giving room for political talks

While limited independent exports were shut-in as a show of good faith in budget negotiations, meeting KRG export proclamations requires technical upgrades too.

Jan 21, 2014

NOC travels to Turkey to hamper KRG exports

Along with legal tactics, Oil Ministry looking at technical options to foil KRG plans for exclusive use of ITP.

Jan 14, 2014

Nassiriya bid postponed until June 19

IOCs, Ministry need time to finalize contract terms while security and the election loom large.

Jan 10, 2014

Gulf Keystone to continue trucked oil exports from Kurdistan

Company confirms future shipments as the KRG more aggressively markets oil independently of Baghdad.

Jan 9, 2014

ExxonMobil rig up at al-Qush, drilling at Pirmam

Long-anticipated work has begun in KRG blocks, including in disputed territories.

Jan 3, 2014

Oil exports end 2013 down but banner year ahead

Construction, attacks and weather hampered output but oil exports in 2014 should outperform expectations, though the Iraq-Turkey Pipeline has already been attacked.

Dec 31, 2013

Oil trucking to Iran at crossroads as pipeline exports loom

Kurdistan has been trucking large volumes of crude oil through Iran, a trade set to change as the KRG plans to begin exporting crude by pipeline

Dec 19, 2013

Q&A: Basra Governor Majid al-Nasrawi

With a dispute over Basra's 2014 budget allocation looming, the governor of Iraq's oil capital is threatening to launch protests and even shut in oil exports.

Dec 17, 2013

IOCs happy with Nassiriya terms

After months of solicitation, the Iraqi Oil Ministry has produced a contract model that IOCs appear happy with, though the real test will be at the bidding round.

Dec 14, 2013

Oil from Kurdistan pipeline enters Turkey

In a final stage of testing before exports can begin, Kurdistan has begun sending crude through its new pipeline and into Turkish territory, despite unresolved conflicts with Baghdad.